Description
The 1989 1oz Australian Gold Nugget, also known as the Kangaroo Gold Coin, is a standout in the Perth Mint’s world-renowned bullion series.
Initially launched in 1986, early issues in the series featured gold nugget motifs before transitioning in 1989 to the kangaroo, a globally recognised symbol of Australia. The 1989 release marks the first appearance of the kangaroo design, establishing a new visual identity for the series.
Metal: 99.99% pure gold
Weight: 1 troy ounce
Face Value: $100 AUD – Australian Legal Tender
Mint: Perth Mint
Packaging: Typically issued in a hard plastic capsule for protection
Obverse
Features the effigy of Her Majesty Queen Elizabeth II, designed by Raphael Maklouf, along with the denomination and year of issue.
Reverse
Depicts a red kangaroo bounding across a stylised outback landscape, an elegant and powerful design that has become a defining image in the global gold coin market. The design is encircled by the inscriptions “The Australian Nugget”, gold content, and purity.
As the first kangaroo-themed issue in the Gold Nugget series, the 1989 1oz coin holds historic significance and growing collector appeal. Backed by the Australian government and struck by the prestigious Perth Mint, it offers enduring value and visual appeal in one ounce of investment-grade gold.
Stock is second-hand but remains in excellent condition.
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